Relevant:
- Euro zone's Jeroen Dijsselbloem calls for ESM to be turned into a European IMF
- For Euro Zone, It's Euro Bonds or Else
- Macron wins Merkel backing for bid to shake up Europe
- German finance minister says financial transfers in euro zone are necessary
- EU executive to say euro zone may need treasury, minister, budget
2013-10-23 — www.spiegel.de
... the Commission could be given the right to conclude, with each euro country, an agreement of sorts to improve competitiveness, investments and budgetary discipline. Such "contractual arrangements" would be riddled with figures and deadlines, so that they could be monitored and possibly even contested at any time. In return, a new, long-discussed Brussels budget will become available to individual countries, an additional euro-zone budget with sums in the double-digit billions for obedient member states.
Protocol 14 could also be used to install the full-time head of the Euro Group. The influential job is now held by one the member states' finance ministers, currently Dutch Finance Minister Jeroen Dijsselbloem. Devoted Europeans like Schäuble have long dreamed of installing a "euro finance minister."
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.
